Volume and price: the overall trend of black goods today is weak. Specifically, RB1905 fell 76 yuan per ton from Friday to close at 3692 yuan per ton, while HC1905 fell 53 yuan per ton to 3659 yuan per ton. I1905 fell 4.50 yuan per ton from Friday to close at 611 yuan per ton, while J1905 fell 25.5 yuan per ton from Friday to close at 1973.5 yuan per ton. In terms of position data, the number of RB1905 transactions increased by 255000 to 2.3 million, while that of I1905 increased by 1.01 million and increased by 5962 to 966000. In terms of capital flows, the net inflow of funds from RB1905 today was 709 million yuan. I1905 net outflow of funds was 5.4 million yuan.

Strategy: RB1905 contract range (3650, 3830); I1905 contract range (600650). Arbitrage concern more than 05 empty 10, ore more 05 empty 09.

Disclaimer: this information comes from a statistical arbitrage model based on historical data, and all conclusions are based on reliable and publicly available information. The SMM quantification team is not responsible for any losses that may be caused by all information. We recommend that investors independently evaluate specific investments and strategies. Investors are also encouraged to seek advice from professional financial advisers. This information does not provide a tailored investment strategy.